In the present environment its useful to get some insights into what’s happening in the food retail sector and how it’s impacting the major players. I came across this 10 minute interview with Justin King which was filmed at the end of March and thought it may be of interest to members.
Justin King, Formerly CEO of Sainsbury’s and now an advisor to Supermarket Income REIT (LON: SUPR), answers a series of questions for the investor community. Justin discusses the supermarket sector. He discusses the sustainability of dividends, profits and share prices for Sainsbury’s, Tesco’s, Ocado and Morrisons. Justin King also discusses trends in the Supermarket sector and explains the move towards omnichannel Supermarkets which provide shoppers with the choice of on-site shopping, click and collect, and delivery – all from the same store. This interview was filmed by Five Minute Pitch TV in late March 2020.
Mike Dennis, Director, ShareSoc
DISCLOSURE: the author has no shareholding interest in any of the companies mentioned.